A quick look at what’s been going on in North America…

The European Union's Economic Commissioner, Paolo Gentiloni, has warned that a global agreement on reform of the taxation of multinational companies' digital services revenues is unlikely, if the US persists with its “safe harbour” proposal through which companies could elect how they wish to be taxed. The proposal “will in fact make a global solution very improbable”, Mr Gentiloni told the European Parliament, adding that the European Commission will push for an EU-level agreement if a global compromise is not reached by the end of this year...